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of jordan davis. lucia, you got that phone call. ron found out first and called you, what was your feeling? what happened to you when you got that call? >> it just, when i happened to come up in the bedroom and i saw my phone light up and i saw that it was ron. i knew it had to do with jordan. i knew 11:00 at night, there would be no other reason why he would be calling. and when i picked up the phone and he said where is earl get earl. and i knew that it had to do with jordan. i knew something was terply, terribly wrong. and i think i knew in my spirit, i knew that he was gone. i felt that. >> ron, dow think that it was in your voice when you made that call. i can't imagine having to make that call to the mother of this child that you both just lost. >> when i cam back from the hospital from seeing him. that it was my child in the hospital that passed. walking up to my front door thinking i can tell my wife jordan's step mother first of all and going through the reaction and then the realization to the both of us that we have to make that call to jordan's mother. and the first thing i tho
, is there a middle ground to be reached regarding gun control? we'll discuss that very subject with ron christie, former policy adviser to president bush. and national urban league ceo, mark. nancial obstacles military families face, we understand. at usaa, we know military life is different. we've been there. that's why every bit of financial advice we offer is geared specifically to current and former military members and their families. [ laughs ] dad! dad! [ applause ] ♪ [ male announcer ] life brings obstacles. usaa brings advice. call or visit us online. we're ready to help. >>> in coming weeks, i'll use whatever power this office holds to engage my fellow citizens from law enforcement to mental health professionals to parent and educators. in an effort aimed at preventing more tragedies like this. because what choice do we have? we can't accept events like this as routine. >> that was part of president obama's speech last night in newtown, connecticut. we questioned, how do you find middle ground in the gun control debate. joining us to talk about that is ceo of the national urb
, they don't like a speaker who was bolted from party dogma. ron, what does this mean, for speaker boehner, it never looks good to lose support of our troops, not to say he is in deep trouble but he is in trouble? >> he is in trouble. his speakership is on the ropes this shows that conservatives and conservatives in house are not willing to put up with someone who will go out to public and advocate for tax hikes, the solutions he has been offering will kill jobs for young people, and leave us a lot of debt in future, make it to where people my age have to live their prime year paying half their income in taxes, we cannot have that any longer, conservatives stood up, and everyone called us crazy saying there is no way this is not going ta pass, guess what he did not have the votes, a tax hike is not going to pass, we have principles and we're fighting for them. neil: even just millionaires ? >> a tax hike, any job creator, why would we take money away from people who will employee biogenration, youth. is still off of the charts, we're under employed i have friends who are looking for job, h
mccarthy. ron barber. i'm still kind of shaking after my last interview, as i have been after several interviews with people who represent gun rights. it's the glibness of the argument. it's the callousness of the way they continue to justify the freedom of people who continue to use assault rifles. that's what they are, with these high-capacity magazines. carolyn mccarthy, when you hear this and the way the issue is framed what is your reaction? >> to be honest with you, i'm happy that you had him on, because america should see what we're up against and the lies that they take to the american people, and unfortunately, an awful lot of them believe that. what we're trying to do is save lives. what we're doing after this shooting, and to be very honest with you, you're going to be hearing from my colleague, you know, what happened in aurora, and what's happened in the last several years. and the shootings get worse and worse and worse. and so that we need to do something. and i do believe, because the country cannot go through what they just saw these last several days. i believe the c
conservative leaders in the house. here now to try to make this weak case is ron meyer. ron, first of all, i want to say that i commend john boehner for his valiant attempts to stop the fiscal cliff and to make a deal without giving up growth principles. but when you say conservatives don't support boehner, what is eric cantor, what is paul ryan? what is jeb henesling if he's not a conservative? what is tom price if he's not a conservative? what exactly are you smoking? the top conservatives in the house support boehner. >> well, i actually don't think that somebody like tom price would if he has his choice of who he could pick out of everyone. we should have the power of self-determination. we shouldn't get seniority decide, this person should be the next person -- >> look. he is running the house. he's the speaker of the house. you confuse that with running the conservative movement. >> well, then why don't you come out and say, we shouldn't raise taxes. boehner came out and said we should raise taxes. >> i think boehner is doing the best he can to prevent marginal tax rates from rising. i
the key markets to watch around the globe is ron shaw, managing partner at gina ventures. how are you doing? >> good. good morning. >> very good morning to you. did santa bring you everything you were hoping for? >> that and then some. >> that and then some. good. let's talk about emerging markets now. i've spoken to you a lot about how in the last couple of years, of course, there has been a lot of positive sentiment around investing in emerging markets. however, i got to say over the past couple of months and even this year, there has been i would say the mood shifting to cautiously optimistic. can you tell us what's driving that change? >> yeah. i think you have to continue to be cautiously optimistic for the emerging markets because obviously there's a growth story there. there's a lot of growth that investors want to capture. there's still a lot of outstanding risk. we saw a lot of that risk play out this year both on the government side, the reform side, as well as currencies. so i think there's definitely a handful of risks. and you have to kind of -- the play for emerging mark
world, nara. >>> the global economic slowdown is even downshifting the boom in china. ron madison is here with the details on that. ron. >> yeah, we are seeing a bit of a slowdown, gene, but still pretty enviable numbers out of china. chinese government economists there say they do expect their economy will grow this year by less than 8%, though. it would be the first time in 13 years that it's dropped below that mark. the government targeted growth of 7.5%. a representative of the chinese academy of social sciences said the economy would grow 7.7%. >> translator: china's exports are slowing because of the european debt crisis and the global economic slowdown. >> he said the economy bottomed out in the july-to-september quarter, but consumption as well as industrial output improved in september and october. he's predicting growth will rebound next year to about 8.2%. he said increased public investment and more monetary easing would spur the economy. but li called for flexible government policies if the situation in europe gets any worse. >>> a report sponsored by the u.s. governm
to tony blair, we're talking to democratic congressman xavier becerra, republican senator ron johnson from the state of wisconsin, also pat houston, whitney houston's sister-in-law and manager and jeopardy champion ken jennings written a new book. it's tuesday, december 4th, "starting point" begins right now. >>> welcome everybody, you're watching "starting point." we're honored this morning to have the former british prime minister tony blair with us as our guest. he's going to be weighing in as a number of topics. we're going to talk about the fiscal cliff, we're going to talk about the global economy. we're going to talk about the civil war in syria. we'll talk about the royal baby coming soon. first we want to get right to zoraida sambolin for an update on the day's top stories. >> soledad, the fiscal cliff debacle, with 28 days remaining before drastic tax hikes and spending cuts take effect, a republican spending plan has been rejected by the white house. brianna keilar is live from washington. what now, brianna? >> well, right now it's about the pressure building and the clock kicki
or not the rewards of cheating is worth the risks. we have clinical psychologist wendy walsh and ron gethner. great to have you both on. wendy i want to ask you first of all why do some people in wall street cheat? what do you think is going on in their minds in their face of potentially being prosecuted? >> well, first of all they're getting an exciting rush of dopamine in their brains no different than a shoplifter would. and they analyze their risks and rewards. the risks to them is minimal. because it is not prosecuted enough. every once in awhile there's a high profile person like martha stewart convicted and the rest of the time they go unnoticed. >> i would argue against that actually. >> i know, ron. "new york times" says the risk to reward is highly calculated and they go toward that risk feeling that the reward is going to be worth it. you don't buy that, do you? >> no, i don't. first let's look at what she just stated. the numbers are actually up on prosecution. s.e.c. is up 8% of the prosecutions from 2011 to 2010. 2012 hasn't closed the books yet. two, we've been on the inside talking
's ron mott is in the thick of it with the latest. >> reporter: all those protesters are starting to make their way away from the stateho measures passed the house. i just came back with an interview with the governor who expects to sign these two measures tomorrow, though it could happen later tonight. no signing ceremony because of the contention surrounding the issue. one of the things that a lot of workers on the ground talked about says it's an issue of fairness. it's unfair for non-union members to benefit from generations of hard work, all the advancements for organized labor and blue collar workers through the generations. the governor says they believe this makes michigan more competitive not just to attract businesses here but around the world to attract international companies to michigan and puts them back on a level playing field with other states that have passed similar legislation. if the governor signs this, as expected. michigan will become the 24th right to work state, joining a lot of other gop republican-controlled legislature. a partisan issue, republicans versus dem
.c. penney side, i do think j.c. penney has an interesting turnaround story here. the stores of ron johnson have been able to revamp and institute his new model of a collection of boutiques. those stores have seen the revenues double. only 10% of the stores have been revamped, but if they can continue to maintain cash flow long enough. >> i don't like what ron johnson is doing. since this guy's taken over this stock has done nothing but go down. it was about the product, not the concept. anyone could have sold ipads and ipad minis and iphones over the year, the complete opposite and failure at jv penny the want to avoid those shares. >> rich, of course, the stock has done poorly, but it's done much better since the ipo of groupon of the you've been much better served actually being in j.c. penney than being in groupon. i would also say this. i think there is a cushion you have in j.c. penney than not groupon and that's the real estate. arguably the real estate of jc penny is worth more than the market cap of the company. with the underlying protection i think you have a bit of a free call o
.s. joint session in washington. u.s. trade representative ron kirk and chinese vice premier were among those at the two-day meeting that ended on wednesday. at a news conference after the meeting, officials from china pointed out that the u.s. is blocking chinese investments in the country due to national security. they said they will watch how the u.s. addresses the issue. but asked for modifications. kirk said a major advance was made in the meeting, but u.s. officials addressed concerns about widespread piracy and counterfeit software in china. officials said they will check in china takes measures to improve its intellectual property protection. this is the first trade meeting after president barack obama was re-elected for a second term and ping succeeding as the new communist party leader. >>> japanese government officials have asked counterparts to have intergovernmental talks. that's on china's extra tariffs on the imports of steel tubes from japan. japan argue that's china imposed anti-docking tariffs on a seamless stain else steel tubes without prior explanation to japan in v
organizations, can keep that information secret. ron gidwitz runs a 527 superpac called the new prosperity foundation, which supports republican house candidates. > do you think there's a trend away from 527's to 501c4's? "in many cases there has been." and the numbers bear that out. 527 funding actually fell from 2008 to 2012, meaning more of that nearly $1 billion of campaign spending by outside groups comes from donors who do not need to disclose their name. reporting for first business news, i'm paul eggers. moments after president obama was declared the victor, the money struggle in washington stole the spotlight as lawmakers debated over how to avert the fiscal cliff. mother nature took a toll on several parts of the country this year. superstorm sandy ripped through the northeast in late october, leaving a trail of damage along the way. the storm racked up damage of around $60 billion, making it the second most expensive storm ever for the u.s., following hurricane katrina. the storm destroyed houses and businesses on the east coast, leaving millions without power. just months earli
in knowledge, the stock rebounds. this is ron johnson, the guy who invented the genius bar. november 2012, this guy gives a sort of talks to the industry, everybody says i have a strategy, know what works, the stock tumbles, craters to $16 per share. bringing us to today. it is not confirmed, but maybe ron johnson is leaving the company. think about that for a moment of the stock is up on strong volume. just imaaine that. for the craziest reason of all going back a few years ago. melissa: what was the nauseous? >> missing the rally. lori: what is a good color tomorrow? sandracharles: what was the colf the year this year? melissa: tangerine? charles: of course. melissa: i am lucky. lori: i've never even heard that be described as a color. charles: tangerine. all right. lori: let's check the market with nicole watching wall street. nicole: watching green. looking at men's warehouse. a completely different picture. you see a down arrow decisively for men's warehouse. they came up with a number, but they have t had to cut their fur profit outlook. so with that we see the stock at a lower guid
into john kerry opiniony, you know that we spoke about ron johnson and came up from apple and his whole theory, was no promotion and great prices all the time and that really was working. the and so, they're back to the promotions this holiday season and it's working. traffic is pretty busy there. >> it's working very well, at least today for the stock. thank you, nicole. well, president obama has always promised not to raise taxes on the middle class, but if he can't reach a deal with republicans in the next seven days, that's exactly what will happen and adam shapiro, i've got to tell you, looking at the numbers, if the president gets every penny from the so-called rich that he wants to get, that would still only be 1/8 of the money that he needs to balance the budget. >> in very simple terms, it's roughly 70 billion dollars is what it would raise, in a budget-- >> if the rates go up and another 20 billion, if you get rid of deductions, but he's increased spending 800 billion dollars a year. >> and to say that 70 to 80 billion in a budget that's 900 billion to a tral over budget. so d
minister tony blair joins us onset, also ron fournier will be here to discuss about his cover in the national journal. >>> and coming up, arianna huffington onset. more "morning joe" in just a moment. [ male announcer ] when this hotel added aflac to provide a better benefits package... oahhh! [ male announcer ] it made a big splash with the employees. [ duck yelling ] [ male announcer ] find out more at... [ duck ] aflac! [ male announcer ] ...forbusiness.com. ♪ ha ha! bp has paid overthe people of bp twenty-threeitment to the gulf. billion dollars to help those affected and to cover cleanup costs. today, the beaches and gulf are open, and many areas are reporting their best tourism seasons in years. and bp's also committed to america. we support nearly 250,000 jobs and invest more here than anywhere else. we're working to fuel america for generations to come. our commitment has never been stronger. >>> up next, arianna huffington joins us onset. also eugene robinson joins the conversation. keep it right here on "morning joe." we'll be right back. [ male announcer ] if you'
's hear from you. there's questions you. really -- in the election season, we heard that ron paul, friend of the fed, talking about bring the gold standard back. your thoughts? >> no. [laughter] i don't think that's coming in, on anybody's real agenda. may be on ron paul's agenda. ron paul and i get on personally okay. >> he thinks you are the height of integrity. >> i wrote an essay on gold and a process which i recommend. a terrific book. the new edition has come out. but the point of legacy he is a -- the gold standard will be effective, you've got to fix the price of gold. you've got to stick to it. through thick and thin. and two things that after we went off called a couple times the last century or so, somebody is really going to stick through thick and thin. i think you get in trouble you go off. then the gold standard is nothing. [inaudible] you have to replace all the dollars out there with gold, the price of gold would have to be enormous. who thinks that would be maintained? >> there's a question right thing both of you, which is a deeply the large-scale asset purchases are ac
. then at 8:00 a.m. eastern, senator ron johnson and bob corker. president obama issued a warning on "meet the press." >> on midnight, december 31st, if congress doesn't act, then everybody's taxes go up. and for the average family, that could mean a loss of $2,000 in income. for the entire economy, that means consumers have a lot less money to make purchases, which means businesses are going to have a lot less customers, which means that they're less likely to hire and the whole economy could slow down at a time when the economy is starting to pick up. >> but after it was all said and done, leaders on the senate floor couldn't get anything done, at least not yet. >> there's no single issue that remains an impossible sticking point. the sticking point appears to be a willingness and interest or frankly the courage to close the deal. i want everyone to know, i'm willing to get this done, but i need a dance partner. >> this morning, we've been trying to come up with some counteroffice to my friend's proposal. we haven't been able to do that. i've had a number of conversations with the presid
this with wisconsin republican senator and budget committee member ron johnson. senator johnson, i just want to read off a couple to you. i just love this. $60 billion bill. $8 million for cars and furniture for the fbi. $150 million for salmon fishing, $57 million to clean up tsunami debris from 2011, $336 million for the amtrak program that's never been done. what is going on here? the people in new york who are still suffering need direct assistance. none of this is direct assistance. >> hello, larry. of course what's going on is business as usual here in washington. listen, i think there's bipartisan support to realize that this is emergency. we want to get money flowing to the people that need it. but let's get some information. let's not create a christmas tree here and load it up with all kinds of different ornaments. let's take a look at what the true need is, short term and then longer term. and let's do this in a measured fashion. so from my standpoint, i think it makes an awful lot of sense. we've got nine months left till fiscal year 2013. that's kind of the line of demarcation. we shoul
by the way helped bring public while i was at goldman, and, i say buy ppg. let's go to ron in new jersey. ron? >> caller: boo-yah, buddy. >> liking that. what's up? >> caller: where do you see this new -- >> oh, i like it, mondelez, my charitable trust owns it. stephanie link was telling me this morning because we go over the portfolio, this is the one, this is the one, not general mills, not heinz, no mccormick. this is the one. larry in washington, larry? >> caller: boo-yah from port angeles, washington, jim. >> i'm liking that. >> caller: what do you think about american axle? you recommended that a few months ago, are you still hot on it? >> yes, i am. i think that is absolutely terrific. it's going to be big, the trucks port is going to be big. i like it. i want to own it. now let's go to emile in new york. emile? >> caller: hi, jim, how are you doing? >> couldn't be better. how about you, partner? >> caller: doing great. what are your thoughts on a long position in tdg for the upcoming year? >> oh, man, come on, aerospace, i love it. the stock is up 50%. >> buy, buy, buy! >> i think it'
people. >> ron barber, i came on air on cnn maybe two years ago, just after the incident in which you were wounded and gabby giffords nearly lost her life and others did lose their lives. i imagine, following an attack on a congresswoman there would be such an outcry in america. there would be new gun controls then. but there weren't. then the aurora theater shooting, the worst in american history, there had to be some kind of change. but as the relatives of those who died who told me last night on the show, the president came and saw them and nothing happened. now, we have the worst school shooting in american history, is it ever going to change? or is the gun rights argument that was espoused to me earlier in tonight's show in that extraordinary way is always going to win the argument? or are other americans going to rise up and say enough is enough? >> well, i believe this terrible tragedy, taking the lives of 20 little people, the same age as my two youngest granddaughters, has affected america in such a deep way, that we're in a position to have, not just a discussion, but the ac
the ten-year or 30-year i think you're fine. that's all we have to look at, a competitive situation. ron in texas. ron? >> caller: yes, sir. >> what's up? >> caller: so, how do you know when to get out of a stock? let's say you're doing well, it's got a dividend, but you're way up. how do you know? >> how do you know to get out? look, one of the things that we like to do, have to stay in touch with the fundamentals. we don't do buy and hold here. we do buy and homework. if you suddenly see a decline in cash flow, suddenly see a company has a change -- like if a cfo leaves, that matters, but in general we don't like to be greedy because bulls make money and bears make money and hogs get slaughtered. if you can take out enough money to be able to play with the house's money, that's when you're golden. your portfolio should be able to dividend, not to buy, but dividend and conquer. make sure you have at least one high-yielder. that helps when it comes to diversification. after the break we'll try to make you even more money. >>> keep up with cramer all day long. follow @jimcramer on twitter
back in 30 minutes we're going to sit down with wisconsin senator ron johnson and talk for the next hour, grover norquist, old buddy from college joins us. will his tax pledge hinder a deal on the fiscal cliff? he rises above? where is that rising above? >> that's true. there are some people who say you got to stick with your convictions, others -- >> stick around. let's bring joe and andrew back into this. guys you've been listening to the conversations this morning. your take away? are we closer, further away? you hearing things you like? >> further away. >> further away. i've decided, becky and jim, that probably the best way to do it, i'm in howard dean's camp, why wouldn't the president go over the cliff and then introduce legislation lowering the rates on 98%? and if the republicans don't vote for that he gets the tax cutting mantel and i don't see how they would vote against that? >> so cynical. >> but so true. >> why is that cynical? >> you know, because -- because i think it's crazy that that's the way things get done in washington, and we will explain that to the public. t
, it's not there. >> i know this name isn't on your list, rocco, but i wanted to bring jcpenney up. ron johnson you could have argued would have been the ceo to turn the company around. but we've not seen the results. would you consider putting him on this list as well is this. >> i wrote an article earlier in november that criticized ron johnson and his performance. i think what happened there is ron johnson was fantastic at apple. but he worked at apple with steve jobs. ron johnson probably read a few too many of his press clippings. if you watch the investor day he did a few months back when he first came to jcpenney, people thought he was crazy when he went to target and went to apple. and then he talks about how he went to steve jobs' house, saying, steve, i'm leaving for jcpenney. and he said, are you crazy? and he's saying, target was great, i went to apple was great and now we're in the same position with jcpenney and i'm going to work the same magic there. no, you can run shotgun with steve jobs all day long. steve jobs was the retail architect. >> we should note, andrew mason
from bill in redding connecticut. heine. >> caller: hello. ron paul has called for the federal reserve to be shut down. one interesting reason i thought is that he wants to bring money back to congress whereby they can do so without charging interest to itself. this is where it was done prior to 1913. it was also something that thomas jefferson and andrew jackson warned about, having these big banks take over the creation of harmony. it basically creates the money in charging interest on money that they create and of nothing to begin with. that's my question. >> guest: you know, so i have not really been focusing on money. it was really outside the four corners of my job. but what i would do is recommend to just about anyone if i could plug in the book, i'm just reading white house. i actually think that they really do a wonderful historical accounts of what you're talking about and how it applies today, so i would just refer to them because they have higher degree of expertise and i do in that area. to say it's a wonderful book. >> host: here is neil barofsky best seller, bailout, an
. as you know, ron paul has called for the federal reserve to be shut down. one interesting reason, i thought, is that he wants to bring money back to congress. whereby they can do so without charging interest to itself. as was done prior to 1913. it was also something that thomas jefferson and andrew jackson warned about. having big bank takeover. he basically charged interest on money that they created out of nothing to begin with. >> guest: you know, the focus of money was really sort of outside four corners of my job. but what i would do is recommend to just about anyone, i am reading the white house is burning books and they do a wonderful historical account of what you're talking about. also how to place today. so i will defer to them because they hide a high degree of expertise in that area. i will just say the wonderful book. >> host: here is neil barofsky's bestseller, "bailout: an inside account of how washington abandoned main street while rescuing wall street." he has been our guest here on booktv. >> booktv is on facebook. like us or interact with us and watch videos and
senator ron johnson. let me play for you what he had to say. >> this president simply doesn't understand that and as a result he's going to punish success, put at risk the economic growth that we really need to create jobs, revenue that we need. >> this is sort of the talking point that we've been hearing all along. is there any indication around capitol hill that there is some softening on that? >> i don't even know what that means, putting -- basically, i believe that the argument is that only by decreasing taxes can you lead to growth. there is a lot of historical evidence that that is not necessarily the case. i think the issue for the gchop right now is whether the tax cuts expire for everyone or whether for only those with income over $250,000. >> let me bring in jim from the national journal. jim, we had a little technical problem there. let me ask you about what she said said. can anything be decided at all until a decision is made about who is going to have tax cuts expire if it's just going to be on the top, you know, 2% or if it's going to be on everybody and we're going to go
snapshot of this survey. [inaudible] ron has done that also. that is coming up, and thank you very much. [applause] >> [inaudible] ♪ ♪ ♪ >> i am 25. this is my third year out of college and i'm on my third job. >> i'm semi-retarded. i've always been a salesman multinational corporations, also a stockbroker. and now i'm selling language programs that is family-owned and run, working a small company is great spent my name is jason. i'm a real estate agent and an investor. >> and i am case manager and also -- spent my name is rod rodriguez. i consider myself leigh keno. born in cuba. when i came to america i was eight years old. really, right now my hobby is my children. >> concerned that we all have is growing the economy. generally act like the country is on the right track. from a real estate standpoint, i've seen an increase in home sales. >> every job that i've had has been through a contact of mine but that doesn't mean i haven't had to look really hard. >> i have a 24/7 job. i work pretty much, i work all different hours. >> i think we need to be creating more jobs in this cou
in that beautiful, beautiful city. we're back here on "starting point." our team is ron brown, editorial director at "national journal." will cain from the blaze and the ghost of roland martin. do you need a note from the principal's office? somebody needs to explain to me what goes on with roland. he's never there. >> how do i get that freedom? >> the thing about roland, once he arrives, you won't know he was missing in the first place. alina chochl. >> count on me, ali velshi. good morning, a fight between world powers with agonized parents and children caught in the middle. russian president has banned u.s. families from adopting russian orphans. moscow says too many orphans have been abused by their new american parents. state department says it is willing to talk more about keeping the children safe. >>> fiscal cliff isn't the only threat to the u.s. economy. get a load of this. the container cliff. nearly 15,000 dockworkers from maryland to texas are threatening to strike, starting sunday, which could shut down more than a dozen key shipping ports and cripple commerce across the country. do
when she takes office next week. both chambers of congress are in today for ron finished legislative business including a possible deal on the fiscal cliff. the senate will be in at 1:00 eastern. though it's in the senate are scheduled for to o'clock p.m. eastern. according to "the washington post" perry began mitch mcconnell have set a deadline at 3:00 when they will be convening caucus meetings and that date members for a possible plan on taxes and spending. president obama was on "meet the press of" today saying the pressure is on congress to make a deal. he was optimistic, but he said that they cannot come to an agreement, he wants the senate majority leader to introduce legislation to make sure middle class taxes stay where they are. live coverage of the senate on c-span2 when the gavel in. the house out to woodcock with the boats as early as 6:00 looking at a number of legislation from veterans to foreign aid. you can watch the house live here on c-span. >> republican olympia snowe from maine is also retiring at the end of the 112th congress after three terms. next, her farewel
you. stonewall clerk will welcome you as well. and riley will give the polling results, and ron brown will do the interview and then we will have a panel discussion. it will be a terrific day. please turn these babies off. again, welcome. is executive vice president of allstate. joan has been a terrific partner with us over the last four years. she is responsible for all relations for allstate. prior to joining that company, she did similar work with monsanto. she is a consummate marketing and communications strategist, which is what this town of washington is all about. that you very much, and dwell come our friends here. -- and welcome our friends here. [applause] >> ok, good morning, and thank you so much for that kind introduction. "the atlantic" and "national journal" have been terrific partners in this effort. i thank them very much for that, and many thanks to edward reilly, who will take us through the data today, and also for jeremy, an associate, who was the lead researcher on the pole. -- poll. we have interviewed 25,000 americans. we have a very rich body of knowledge abou
not with radioshack, some point out other. jc penney, you know so well, covered it on cnbc, ron johnson and great magical vision for this company. so far, it has failed. again, it is make or break for mr. johnson. >> even with some optimistic analysts there who see signs of success this that have nothing to do with the original plan. >> a chart in our story, carl that shows the dropoff of jc penney stock -- i'm sorry, jc penney sales. they have lost 30 to 40% of their entire sales. that is very hard to do. >> take a look at some of the japanese exporters, talking about that in the cop text of going short the end, going long japanese stocks. an area to watch. overnight, expecting out of japan cpi data, expected to further the case for bank of japan to embark on more stimulus, bad news equals good news for japan what traders are bracing for overnight i at least on the japan trade. in terms of retailers, sears holdings is up a percent in today's session, the other three are doing pretty poorly. pretty poorly in today's session. it does look like we are extending our three-day losing streak we saw ac
. the current says well we have isn't working. >> we had a lot of interviews with ron paul during his presidential run. we talked about gold. what do you make of getting rid of the dollar bill? do you care about that? >> you mean for a coin? >> yes. too expensive to print. >> that doesn't really matter. look, the bigger question we have a lot bigger fish to fry than whether we use a dollar bill or a coin for a $1 note. the bigger problem is the debasement that that represents. the dollar's down over the last four decades. since we went off gold in august of '71 we're down 82%. and to what end, right? is it helping us with respect to employment? obviously not. employment ratios are down. is it helping our financial system? no. the big three banks are in a world of trouble. they all three trade at less than book. so what exactly are we getting out of all this monetary debasement? the one thing we're getting is a runaway spending in washington, d.c. that's the effect of this unlimited print mag sheen that the federal reserve has. >> let's put some gold into the equation. gold as legal te
boehner calling the white house fiscal plan a joke. senator ron johnson is on the budget committee. he joins us. good evening, sir. >> greta, how you doing? >> greta: very well, and calling the plan a joke, i guess he is not going to beat around the bush for us. >> unfortunately, greta, president obama pretty well holds all the cards in this negotiation. if he wants to have tax increases or tax rates go up, i don't see how republicans can stop him, you know, because everybody's taxes are going to increase if congress does nothing, and president obama is the only person that can sign a bill into law and quite honestly, senator harry reid is the only person in the senate that can pass a bill in the senate as well. it sounds like people like howard dean want everybody's taxes to go up. maybe we should feel fortunate that president obama only wants the top two% to g two percent t. >> greta: do you anticipate republicans will vote for a rate increase if this should come to a vote? >> i don't believe they'll vote for a rate increase. what we'll vote for hopefully is to extend the current tax
was coming in. a few cars were coming in and i told my driver, ron, stop. let's ask the this guy how to get down to mississippi. he put the map out on the hood any of the flashlight. yes sir go down to this lighting get to this dateline and take highway 78 and you are going to get it. i get back in the jeep and one of those things hits you. i gave him a name of gerald. i did not know his name. i hope he reads this book or his grandchildren read the book and let him know. i went back to him and they said, gerald, look, we are just a bunch of yankee's from the north. i know you were navy and i'm army that you have got to help us out. yes, sir. i will show you again. no, don't show me. gerald, you you're coming with us. his eyes popped out and he said sir, i can do that. i will be awol. besides you are army and i maybe. gerald, the voice of my brother, just make a decision, get him t -- get into the jeep under orders of president kennedy. my driver was bigger than gerald and he was nudged into the back of my jeep. we raced back to the base and 140 vehicles ready to grab the gate and i had mixe
on friends and family discount over the weekend. has ron johnson finally come around? or too little too late john karner? >> i was a buyer into the story line. when i saw bill akman give his presentation on how jc penney would turn things around with no more coupons, i bought the idea. so the the fact that he is backing down now, made me questioned kwe his lehis leadership. >> i would like to see an about face from johnson. he said no coupons. if he is changing his strategy, i would like him to come out and apologies. it is like lipstick on a pig. in any e-mail this morning, they today farm this house to something bigger than my friends and family. >> he was brought into a no coupon strategy. get rid of them if it doesn't work. >> let's move on to "the new york times," regarding that bloomberg ear company might make a bid for the financial times. or digital property like linkedin. the mayor will move on the political stage in a couple of years. maybe wen't to run something really big. not that he's not now. >>ty, i can actually say this is not out of the realm of possibility. this is somethi
are against it. that's not true. >> that's right. >> stephanie: let's go to -- ron in texas. you're on "the stephanie miller show." hi ron. >> caller: hi, sexy mama. >> stephanie: hey baby. >> caller: chris and jim too. my partner of 14 years and i were doing some calculations the other day and you know that as person earning $10 an hour which most people in low-end jobs don't even earn that but the fiscal bunny hop that we're going to take, i think we ought to take it because quite frankly, it will be about $8 a week in extra taxes and you know, if they retro act that back to the first they'll get the money back. so really, what is the effect? it's negligible. i think -- i agree with clinton. let's do the arithmetic. you know. count the numbers. >> stephanie: right. yeah. >> caller: i'm waiting for friday too. we want to get married one of these days. >> stephanie: aww yea. me too. well yeah, that's the thing. it has been fearmonger and demagogued, people don't get you kind of go oh, that's all of the scream
have asked. we will move on to ron on the independent line. caller: in my opinion, hillary clinton or any other right person being an office would probably be the worst possible case scenario for this country and i think it is time that a normal person be elected to office them da. host: ron from indiana. from facebook, john says -- james says -- diana says -- here are some of the twitter comments we have received. bill says -- and biff -- and steve says -- and finally, jim says -- robert, north carolina, the republican line. caller: after this term of four years with the democrats, i don't think she has a chance. i am a business owner. four more years of this, i will be out of business. host: what kind of business do you have? caller: bulldozer's. host: how has business been over the last couple of years? caller: bad. i am barely staying in business. i do not know what to look forward to. i can hardly stay in business. the democrats in this country i think is wanting to kill us. business people, i cannot stand much more of it. host: robert on the republican line. linda is in texas
, but public at large. this was initiated by our friend ed reilly and ron brownstein of national journal and post the economic crisis, we decided to see what the american public perceptions were as to what was happening in their lives and the economy. and part of the notion over the years is, if you will, to sort of give voice to middle class and american public opinions as to what's happening with our economy and, in particular, their lives. we have conducted quite literally over 25,000 interviews, 25,000 over the last four years. so there's a positive story here of data which is extraordinary which is available at nationaljournal.com, it's available at allstate and the heart land monitor, and i really recommend it to all of you as a database that gives a pretty good sense of what the public has been thinking and really gives voice, if you will, to the middle class. the survey that we're talking about today that ed reilly's going to present has a slightly different orientation, and that is to say we're doing a little more towards what does the public want to see done as opposed to just
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